Exchange Rate Policy and Liability Dollarization : An Empirical Study /
The paper identifies the contemporaneous relationship between exchange rate policy and liability dollarization using three different definitions of dollarization. The presence of endogeneity makes the empirical identification elusive. We use identification through heteroskedasticity to solve the end...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2007.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2007/033 |
| On-line přístup: | Full text available on IMF |